345 7 4

Problem 16-71 (Algo) Find Actual and Budget Amounts from Variances (LO 16-5,6) Jaw Corporation manufactures a new electronic game console. The current standard cost sheet for a game console follows. Direet mater 1810,7 kilograment 56 per kilogram Direct laber, 0.15 hours at 2 per hour Overhead, 0.75 hours at 7 per hour Total costa $? per game 7 per gare 2 per jane $39 per game Assume that the following date appeared in J&W's records at the end of the past month. Actual production Atual Relea Materials (131.000 kilograma) Materiale ptice variance Katerinis effieleny Variance Direct labor price variance Direct labor 40.50 hours) Under applied overhead (total) 59,00 unita 56,000 units 50.000 42,600 44,550 V 741,150 19.900 V There are no materials inventories Required: -1. Complete the standard cost sheet for a game console given below. -2. Prepare a variance analysis for direct materials and direct labor b. Assume that all production overhead is fixed and that the $19.900 underapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? Complete this question by entering your answers in the tabs below. Req Al leg AB Red Complete the standard cont wheet for a game console given below. (Do not round intermediate calculations. Round your Deck material Dette 0.5 hours Overhead, 0.75 hours at Nilogram of 10 per gram per hour per game per game Der Dame 3D per game $ RA J&W Corporation manufactures a new electronic game console. The current standard cost sheet for a game console follows. 6 per gare Direct LOLIR? Nilograns at si per kilogram Direct labor 0.75 hours at 7 per hour Orechend, 0.75 hours at t per hour batal coats Assume that the following date appeared in JEW's records at the end of the past month. Actual production hotwal Balen Materials (191.000 kilograma) Materials price variance Materialenficiency variance Direct labor price variance Diret labor (40,500 hours) Under appl Led overhead (total) 59.000 Lt 56,000 unit 42,600 58.000 44,550 741,150 19,900 There are no materials inventories. Required: 2-1. Complete the standard cost sheet for a game console given below. 3-2. Prepare a variance analysis for direct materials and direct labor b. Assume that all production overhead is fixed and that the $19,900 underapplied is the only overhead walance that can be computed. What are the actual and applied overhead amounts? Complete this question by entering your answers in the tabs below. Reg A1 Reg AZ Req Prepare a variance analysis for direct materials and direct labor. (Do not round intermediate colectations. Indicate the effect of each variance by selecting for favorable, or "U" for unfavorable. If there no effect, do not select either option) Price variance Eficiency variance alien Pro variance Ency variance